Robert Kraft Purchases Franchise in New Overwatch League for $20 Million

So it's not just a team versus team battle, but it can also serve as a means of sparking team spirits among the citizens of the respective origins.

Activision announced Wednesday that it has sold franchises for seven teams in its upcoming Overwatch League, which is billed as the first major global professional e-sports league with city-based teams. Two hundred miles to the south, Jeff Wilpon, cofounder and partner at Sterling.VC and COO of the New York Mets, will be writing a new chapter in New York City's storied sports history with the Overwatch League team for the Big Apple-Boston's traditional rival. The revenue likely will be recognized over time, he said.

For those who aspire to show off their Overwatch skills within their local communities, we're happy to let you know that each team will have a license to run up to five amateur events in their home territory each year. A percentage of revenue more than that threshold will go into a shared revenue pool with 50% of income from league-affiliated fan item sales.

Overwatch is doing great things for eSports, and with the Overwatch League, it helps to legitimize the competitive form to millions.

"Overwatch" is a multi-player shooter in the same vein of "Halo" or "Goldeneye" - only it has a lot more zany powers and abilities such as: running on the walls, jetpacks, creating pillars of ice, hacking your opponents and smashing people with a giant hammer. "The Overwatch League will celebrate and reward our most accomplished players and give fans more opportunities to engage with each other", Kotick said. "We're excited to be working with leaders from eSports and traditional sports to celebrate our players and to establish the Overwatch League".

Robert Kraft Purchases Franchise in New Overwatch League for $20 Million

It was leaked by esports journalist Richard Lewis that those who have committed to Overwatch League spots have also been advised by Activision Blizzard that there is a similar plan for the Call of Duty scene.

"ESports in its growth has been very grassroots and organic", Nanzer said. "We think it's really important to use teams at all levels, so we have the Contenders Series, and we hope that many of those teams will compete in that competition".

To allow teams time to prepare venues in their cities for proper home-and-away play in the future, Season 1's regular-season matches will be played at an esports arena in the Los Angeles area in the United States. Furthermore, it marks the first major global professional eSports league with city-based teams. Matches will occur on every Thursday, Friday and Saturday, though a full schedule is yet to be released.

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